MLPD vs SPYM
Global X MLP & Energy Infrastructure Covered Call ETF vs State Street SPDR Portfolio S&P 500 ETF
Which is better, MLPD or SPYM?
SPYM has been ahead.
SPYM has a lower expense ratio. SPYM led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MLPD | SPYM |
|---|---|---|
| Expense Ratio | 0.60% | 0.02%Best |
| AUM | $26M | $185.2B |
| Dividend Yield | 14.22% | 1.01% |
| Holdings | 8 | 509 |
| YTD Return | +8.18% | +13.57%Best |
| 1Y Return | +14.48% | +17.53%Best |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.29% |
| Volatility (annualized) | 7.6%Best | 11.6% |
| Max Drawdown | -13.8%Best | -18.7% |
| $10,000 over 2.4 years | $13,143 | $15,258Best |
| Fund Family | Global X by mirae Asset | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 7, 2024 | Nov 8, 2005 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 8, 2024 to Oct 14, 2026 (2.4 years).
MLPD vs SPYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.4 years both funds cover.
MLPD vs SPYM Performance
Global X MLP & Energy Infrastructure Covered Call ETF (MLPD) is an ETF from Global X by mirae Asset and State Street SPDR Portfolio S&P 500 ETF (SPYM) is an ETF from State Street Investment Management. Over the past year MLPD returned +14.48% while SPYM returned +17.53%. Year to date, MLPD is up 8.18% versus a gain of 13.57% for SPYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYM has been the more volatile fund, with annualized monthly volatility of 11.6% compared with 7.6% for MLPD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.8% for MLPD and -18.7% for SPYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.10. They move largely independently of each other.
Fees and Cost Over Time
MLPD charges 0.60% per year while SPYM charges 0.02%. On a $10,000 position that is $60 vs $2 annually, a gap of $58 per year that compounds over a long holding period. On income, MLPD currently yields 14.22% against 1.01% for SPYM.
Holdings Overlap
We hold position weights for 1 holding in MLPD and 505 in SPYM, totalling 100.4% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in MLPD and 505 in SPYM, against full books of 8 and 509.
You are not choosing between two funds in isolation.
Whichever of MLPD and SPYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MLPD or SPYM?
MLPD has an expense ratio of 0.60% while SPYM charges 0.02%. SPYM is the cheaper option, by $58 a year on a $10,000 investment.
Which performed better, MLPD or SPYM?
Over the past year MLPD returned +14.48% vs +17.53% for SPYM, so SPYM leads on 1-year performance. Over the longest common window we track (2 years), MLPD annualized +12.06% vs +19.25% for SPYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MLPD or SPYM?
SPYM has been the more volatile fund at 11.6% annualized versus 7.6% for MLPD. Worst drawdown: MLPD -13.8% vs SPYM -18.7%.
Should I hold both MLPD and SPYM?
MLPD and SPYM have a monthly-return correlation of 0.10, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MLPD or SPYM?
MLPD yields 14.22% while SPYM yields 1.01%, so MLPD currently pays the higher dividend yield.
Is SPYM better than MLPD?
SPYM has a lower expense ratio. SPYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.